this post was submitted on 13 Aug 2024
1238 points (99.1% liked)
Technology
59534 readers
3197 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
How about we start restricting how many businesses a company is allowed to buy out in a year. Maybe allow like 1-2 mergers a year. There no reason we should allow one company to buy everyone and then kill their products and services leaving the consumers holding the bag that will no longer function because the server is gone.
I would say even one a year would be too much.
That unless the business has failed and is no longer operating, for a merger and acquisition to occur they would have to petition the courts for permission first.
Imagine the shit that Microsoft and Google and Adobe and Amazon would be doing if they had to start their companies from scratch and compete against the already extant players in the field?
It would create so many jobs, and create an excess of consumer choice opportunity, lowering prices and fighting against inflation far more than a couple of percentage points on the interest rate index ever would.
I'm tired of only being offered incredibly overpriced very shitty low quality options in every single category.
We don't need $100,000 cars. We need $5,000 cars.
We don't need $1,000,000 homes, we need $25,000 homes that anyone in America who works a full-time job regardless of if they're slinging fries at McDonald's or digging ditches can afford.
We don't need $100 a week grocery bills. We need $5 a week grocery bills.
And ponies!